! 1 Required information Foundational Exercises (LO1, LO2, LO3, LO4, LO5] [The following information applies to the questions displayed below.) Part 1 of 15 Clopack Company manufactures one product that goes through one processing department called Mixing. All raw materials are introduced at the start of work in the Mixing Department. The company uses the weighted average method to account for units and costs. Its Work in Process T-account for the Mixing Department for June follows (all forthcoming questions pertain to June): 3 points ? June 1-balance Materials Direct labour Overhead June 30-balance Work in Process-Mixing Department $ 29,000 Completed and transferred to finished goods 145,275 92,500 110,000 The June 1 work in process inventory consisted of 4,700 kilograms with $16,040 in materials cost and $12,960 in conversion cost. The June 1 work in process inventory was 100% complete with respect to materials and 60% complete with respect to conversion. During June, 37,200 kilograms were started into production. The June 30 work in process inventory consisted of 8,200 kilograms that were 100% complete with respect to materials and 50% complete with respect to conversion. Foundational 6-1 Required: 1. Prepare the journal entries to record the raw materials used in production and the direct labour cost incurred. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) View transaction list Journal entry worksheet Record the raw materials used in production Note: Enter debits before credits. Transaction General Journal Debit Credit 1 Record entry Clear entry View general journal Journal entry worksheet Record the direct labor cost incurred Note: Enter debits before credits. Transaction General Journal Debit Credit 2 Record entry Clear entry View general journal 2 Required information Foundational Exercises (LO1, LO2, LO3, LO4, LO5) [The following information applies to the questions displayed below.) Clopack Company manufactures one product that goes through one processing department called Mixing. All raw materials are introduced at the start of work in the Mixing Department. The company uses the weighted-average method to account for units and costs. Its Work in Process T-account for the Mixing Department for June follows (all forthcoming questions pertain to June): Part 2 of 15 3 points June 1-balance Materials Direct labour Overhead June 38-balance Work in Process-Mixing Department $ 29,00 Completed and transferred to finished goods 145,275 92,500 110, eee The June 1 work in process inventory consisted of 4,700 kilograms with $16.040 in materials cost and $12.960 in conversion cost. The June 1 work in process inventory was 100% complete with respect to materials and 60% complete with respect to conversion. During June, 37,200 kilograms were started into production. The June 30 work in process inventory consisted of 8,200 kilograms that were 100% complete with respect to materials and 50% complete with respect to conversion Foundational 6-2 2. Prepare the journal entry to record the overhead cost applied to production. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) View transaction list Journal entry worksheet Record the overhead cost applied to production Note: Enter debits before credits. Transaction Genreal Journal Debit Credit 1 Record entry Clear entry View general Journal ! 3 Required information Foundational Exercises [LO1, LO2, LO3, LO4, LO5] [The following information applies to the questions displayed below.] Part 3 of 15 Clopack Company manufactures one product that goes through one processing department called Mixing. All raw materials are introduced at the start of work in the Mixing Department. The company uses the weighted average method to account for units and costs. Its Work in Process T-account for the Mixing Department for June follows (all forthcoming questions pertain to June): 3 points June 1-balance Materials Direct labour Overhead June 30-balance Work in Process-Mixing Department $ 29,000 Completed and transferred to finished goods 145,275 92,500 110,000 ? The June 1 work in process inventory consisted of 4,700 kilograms with $16,040 in materials cost and $12,960 in conversion cost. The June 1 work in process inventory was 100% complete with respect to materials and 60% complete with respect to conversion. During June, 37,200 kilograms were started into production. The June 30 work in process inventory consisted of 8,200 kilograms that were 100% complete with respect to materials and 50% complete with respe to conversion. Foundational 6-3 3. How many units were completed and transferred to finished goods during the period? Units completed and transferred to finished goods